0001162677-13-000069.txt : 20130528 0001162677-13-000069.hdr.sgml : 20130527 20130528114936 ACCESSION NUMBER: 0001162677-13-000069 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130528 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130528 DATE AS OF CHANGE: 20130528 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROYALE ENERGY INC CENTRAL INDEX KEY: 0000864839 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 330224120 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22750 FILM NUMBER: 13874054 BUSINESS ADDRESS: STREET 1: 7676 HAZARD CENTER DR STREET 2: SUITE 1500 CITY: SAN DIEGO STATE: CA ZIP: 92108 BUSINESS PHONE: 6198812800 MAIL ADDRESS: STREET 1: ROYALE ENERGY INC STE 1500 STREET 2: 7676 HAZARD CENTER DR CITY: SAN DIEGO STATE: CA ZIP: 92108 FORMER COMPANY: FORMER CONFORMED NAME: ROYALE ENERGY FUNDS INC DATE OF NAME CHANGE: 19940318 8-K 1 re528138k.htm re528138k.htm

 



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

May 28, 2013


ROYALE ENERGY, INC.
(Exact name of registrant as specified in its charter)

California
     
0-22750
     
33-02224120
(State or other jurisdiction of incorporation or organization)
     
(Commission File Number)
     
(IRS Employer Identification No.)

7676 Hazard Center Drive, Suite 1500
San Diego, California 92108
(Address of principal executive office)
Issuer's telephone number:  (619) 881-2800

Section 8   Other Events

Item 8.01  Other Events

On May 28, 2013, Royale Energy’s issued the press release which is attached to this Report as Exhibit 99.1, announcing that it has reached a definitive agreement with Rampart Energy, Limited, for development of a major portion of Royale’s North Slope property in Alaska.

Section 9   Financial Statements and Exhibits

Item 9.01  Financial Statements and Exhibits

Exhibit 99.1  Press Release


 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
ROYALE ENERGY, INC.
   
Date:           May 28, 2013
/s/ Stephen M. Hosmer
 
Stephen M. Hosmer, Co-President, Co-Chief Executive Officer and Chief Financial Officer



EX-99.1 2 ex99_18k.htm PRESS RELEASE ex99_18k.htm

Exhibit 99.1

SAN DIEGO, May 28, 2013 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (ROYL) today announced that it has completed an agreement with Rampart Energy Ltd of Australia (RTD.AX) for the development of a portion of Royale's Alaska North Slope property. Under the terms of this agreement Rampart may earn up to 75% Working Interest in Royale's Western and Central acreage position, upon completion of a work program that includes seismic and drilling commitments.

The North Slope of Alaska is a prolific oil province and home to the largest oilfield in the United States; Prudhoe Bay (50 billion barrels of Original Oil In Place). Both conventional and resource potential exists within the agreement area. Conventional prospectivity is demonstrated by proximity to the Moose Tooth resource, estimated to be up to 600mmboe, which is less than 10 miles to the North West. Based on information available, the prospective Jurassic sands which host this resource appear likely to extend into the area to be jointly explored.

The unconventional oil prospectivity of the region is highlighted by the USGS ranking this, as having the second highest estimated recoverable oil resource domestically, behind only the Bakken Shale.

Managing Director and Chief Executive Officer of Rampart Energy Limited, Mr. Torey Marshall commented, "It is a rare pleasure to be able to provide shareholders with exposure to such a highly prospective area, with a highly attractive fiscal framework, and a reputable partner such as Royale."

"We are excited to join with Rampart, in one of the most significant shale plays in the US," said Royale's Co-Chief Executive Officer, Stephen Hosmer. "This is a key milestone in Royale's plans for development of a majority of our total 91,000 acre, Alaska North Slope position."

Forward Looking Statements

In addition to historical information contained herein, this news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, subject to various risks and uncertainties that could cause the company's actual results to differ materially from those in the "forward-looking" statements. While the company believes its forward looking statements are based upon reasonable assumptions, there are factors that are difficult to predict and that are influenced by economic and other conditions beyond the company's control. Investors are directed to consider such risks and other uncertainties discussed in documents filed by the company with the Securities and Exchange Commission.


Contact:

Royale Energy, Inc.
Chanda Idano, Director of Marketing & PR
619-881-2800
chanda@royl.com
http://www.royl.com


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